JNJ hasn't done much for a few years. up and down and pays a dividend of almost 3% right now better than you can get in cash. I wouldn’t worry about it going to zero, but if I wanted growth I’d put the money elsewhere.

A single stock can be a real winner. Just today a client brought me her brokerage statement for a mortgage loan we are doing with her several thousand shares of MSFT showing a cost basis of..... .39c accounting for many splits. so IF you bet the right horse you can end up doing very well. She told me the story of buying as much as she could after the crash in October 1987.

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Originally posted by Black92LX:


Johnson & Johnson

No one's going to fault you for holding on to it. If you're going to keep it, reinvest the dividends. I don't think it's going to break records in stock price growth but that means it won't be volatile either.

Given that it's for your kids with maybe a 20 year horizon (assuming you'll finance their college through someplace else), I would echo Jallen's advice (and it's not something I agreed with in the instances I saw it): there's a company with no load no fee funds, split it among funds that will give you US stock exposure with a portion in foreign countries, and a split among different sectors.

Understand that all "experts" pretty much agree we're in the last third of the latest bull cycle and are due for a downturn. The disagreement is when that will happen and when should people be out of the market.

I've delegated my stock market outlook to a company that thinks we still have a lot to squeeze out of this bull market even though there may be some volatility along the way.